Quoin Pharmaceuticals (QNRX) director receives option grant on 8,141 ADSs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quoin Pharmaceuticals director Michael T. Sember received a new stock option grant. On February 4, 2026, he was awarded a Share Option (Right to Buy) covering 8,141 American Depositary Shares (ADSs) of Quoin Pharmaceuticals, Ltd. at an exercise price of $7.37 per ADS.
Each ADS represents thirty-five ordinary shares of the company. The option vests over four annual installments, with 20% vesting on each of February 4, 2027, 2028 and 2029, and the remaining 40% vesting on February 4, 2030. Following this grant, Sember holds 8,141 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SEMBER MICHAEL T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (Right to Buy) | 8,141 | $0.00 | -- |
Holdings After Transaction:
Share Option (Right to Buy) — 8,141 shares (Direct)
Footnotes (1)
- The number of securities underlying the option and the exercise price are listed in terms of American Depositary Shares ("ADSs"). Each ADS represents thirty-five ordinary shares of the Issuer. The option vests in four annual installments with 20% vesting on each of February 4, 2027, 2028 and 2029 and 40% vesting on February 4, 2030.
FAQ
What insider transaction did Quoin Pharmaceuticals (QNRX) report for Michael T. Sember?
Quoin Pharmaceuticals reported that director Michael T. Sember received a Share Option (Right to Buy) for 8,141 ADSs on February 4, 2026. This option grant is reflected as a derivative security held directly after the transaction.
How many Quoin Pharmaceuticals (QNRX) ADSs are covered by Michael Sember’s new option?
The new option held by Michael T. Sember covers 8,141 American Depositary Shares (ADSs) of Quoin Pharmaceuticals. According to the disclosure, he beneficially owns 8,141 derivative securities following the reported transaction, all in the form of this option grant.
What is the exercise price of Michael Sember’s Quoin Pharmaceuticals (QNRX) option?
The exercise price of Michael T. Sember’s Share Option in Quoin Pharmaceuticals is $7.37 per ADS. The filing notes that both the number of securities and the exercise price are stated in ADS terms, with each ADS representing thirty-five ordinary shares.
What is the vesting schedule for Michael Sember’s Quoin Pharmaceuticals (QNRX) stock option?
The option vests in four annual installments. 20% vests on each of February 4, 2027, February 4, 2028 and February 4, 2029, with the remaining 40% vesting on February 4, 2030, as described in the filing footnote.
When does Michael Sember’s Quoin Pharmaceuticals (QNRX) option expire?
The disclosed Share Option for Michael T. Sember has an expiration date of February 4, 2036. The transaction table lists February 4, 2036 as the expiration, with the option becoming exercisable according to its multi-year vesting schedule outlined in the footnotes.